AXISCADES Technologies Ltd has announced that its subsidiary, Epcogen, has secured a significant, long-term contract with Highview Power Limited for the Carrington Power Project, located in Manchester, UK. This ambitious project is set to become the world’s largest liquid air energy storage (LAES) facility, boasting a capacity of 50 MW and 300 MWh.
It will provide long-duration energy storage, enough to power over one million homes across the UK. At 12:20 pm today, shares of AXISCADES Technologies Ltd were trading at ₹560.85, reflecting an increase of ₹18.25 or 3.36 percent on the NSE. Epcogen is set to undertake a range of multi-discipline engineering activities for this groundbreaking project, with commercial operations slated to commence in 2026.
The contract extends Epcogen’s role from its initial engagement in the front-end engineering design (FEED) phase, which began in mid-2022, to the current Engineering, Procurement, and Construction (EPC) execution stage. Arun Krishnamurthi, the CEO and Managing Director of AXISCADES, expressed enthusiasm about the partnership, stating, “We are thrilled to collaborate with Highview Power on this transformative and pioneering venture.”
Arun added, “Securing this contract is a major milestone that not only enhances our engineering capabilities but also reinforces our commitment to advancing innovative energy solutions that promote sustainability and efficiency. This partnership showcases the combined strengths of Epcogen and AXISCADES in delivering complex engineering solutions. We are eager to contribute to the success of the Carrington Power Project and look forward to future endeavors with Highview Power.”
AXISCADES Technologies Ltd is a leading engineering and technology solutions provider, specializing in delivering advanced services across various industries, including aerospace, automotive, energy, and industrial sectors. With a strong focus on innovation and quality, the company offers comprehensive solutions ranging from engineering design and simulation to digital transformation and product lifecycle management.
AXISCADES leverages its deep domain expertise and cutting-edge technologies to drive efficiency and support sustainable development. Headquartered in India, AXISCADES has a global presence, catering to diverse client needs through its state-of-the-art facilities and skilled workforce. The company is committed to excellence and continuous improvement, ensuring it remains at the forefront of technological advancements.
